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UK's William Hill backs Caesars' $3.7 billion bid

Sept 30 (Reuters) - William Hill said on Wednesday it had agreed to be acquired by Caesars Entertainment, which has valued the British bookmaker at 2.9 billion pounds ($3.72 billion), and would give the U.S. casino operator full control of a quickly expanding U.S. sports-betting and online business.

“The William Hill Board believes this is the best option for William Hill at an attractive price for shareholders,” William Hill Chairman Roger Devlin said. ($1 = 0.7794 pounds) (Reporting by Tanishaa Nadkar in Bengaluru; Editing by Vinay Dwivedi)

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